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Lego owner buys majority stake in US solar developer Enerparc

Lego owner buys majority stake in US solar developer Enerparc

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The transaction price and the size of the stake were not disclosed. Enerparc Inc.’s management team will retain a minority ownership

COPENHAGEN: Kirkbi, the family holding company behind toy maker Lego, said on Friday it had agreed to buy a majority stake in Enerparc Inc., a U.S. affiliate of German solar developer, Enerparc AG.

The transaction price and the size of the stake were not disclosed. Enerparc Inc.’s management team will retain a minority ownership.

Source: reuters
Anand Gupta Editor - EQ Int'l Media Network

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